Asia Healthcare Holdings Secures Additional $150 Million Investment from GIC
Deal News | Dec 18, 2024 | TPG
Asia Healthcare Holdings (AHH), a healthcare platform focused on single specialty hospitals and backed by GIC and TPG, has announced a further investment from GIC amounting to $150 million. This follows GIC's initial investment of $170 million in February 2022. AHH is supported by two significant investors, GIC, the sovereign wealth fund of Singapore, and TPG, a major global asset management firm with a diverse portfolio. TPG, headquartered in San Francisco, has $239 billion in assets under management and operates with a focus on private equity, impact investing, and more.
Sectors
- Healthcare
- Private Equity
- Investment Management
Geography
- Singapore – GIC, Singapore's sovereign wealth fund, is a major player in the investment.
- India – Asia Healthcare Holdings is located in Mumbai, India.
- United States – TPG, a global asset management firm headquartered in San Francisco, USA.
Industry
- Healthcare – Focus on Asia Healthcare Holdings, a platform for single specialty hospitals.
- Private Equity – TPG's involvement as a private equity backer for AHH.
- Investment Management – GIC's role as an investment entity providing capital to AHH.
Financials
- 150 million USD – The additional investment from GIC in Asia Healthcare Holdings.
- 170 million USD – The initial investment from GIC in Asia Healthcare Holdings in February 2022.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Asia Healthcare Holdings | Target company | Company | A healthcare platform that invests in and operates single specialty hospitals. |
| GIC | Investor | Company | Singapore's sovereign wealth fund, providing additional investment in AHH. |
| TPG | Investor | Company | A global alternative asset management firm, backing AHH alongside GIC. |